Water Views
Address
129 S Kingston Ave Atlantic City, NJ
Price
$ 799,000
Property Attributes
  • MLS#552198
  • TypeMulti-Family
  • CountyATLANTIC
  • CityAtlantic City
  • AreaAtlantic City
  • Zip08401
  • Style11 - 20 Units
  • Price$ 799,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
BHHS FOX and ROACH-Margate
Data Source:
South Jersey Shore Regional MLS (SJSRMLS) - 141 - NJ
Property Description

BEACHBLOCK RARE OPPORTUNITY 12 Units with excellent rental history. Zoned for Hotel, prime candidate for condominium conversion or boutique beachblock hotel. Property located nearby Stockton State College. Ideal for winter and summer occupants. Steps to beach and boardwalk, an amazing one-of-a-kind location Front Porch, Lobby, 12 units plus owners quarters. 10 studios, 1 - 3 bedroom 1 -1 Bedroom. Long standing tenants with leases. Studios pay 700- 800 per month, 3 bedroom 1100 per month, 1 bedroom 700 per month. Gross approximately $9,000 per month. State inspection valid. No outstanding issues. Owner may be able to hold financing to qualified buyers 65% down. Video Tour https://youtu.be/b2-Z4PItyGA

Price History
6/22/2021 Listed $999,000
10/18/2021 21% - $799,000

General Features

Basement Finished, Full, Inside Entrance
Class MULTI-FAMILY
Garage None
Heating Electric, Gas-Natural, Oil, Tank Above Ground
Listing Area Atlantic City
Location Beach Block
Sewer Public Sewer
Status Active
Status Active
Tax Year 2020
Taxes 13376
Type 11 - 20 Units
Water Public
Water Heater Gas
Year Built 1920

Interior Features

# of 1 Bedroom Units 1
# of 3 Bedroom Units 1
# of Units 12
Air Conditioning Window Units
Efficiency Units 10
Other Rooms Laundry/Utility Rm

Exterior Features

Exterior Vinyl
Lot Dimensions 39 x 82
Outside Features Beach Access, Boardwalk Access, Fenced Yard, Ocean View, Porch, Sidewalks
Storms/Screens Combination

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 08401

Price
AVG $440K
$800K
Visits
AVG 36
118
Year Built
AVG 1914
1920
Walkscore
AVG 81
61
Data Provided by Walkscore ® not using MLS data

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